Encina Lender Finance provided a $35 million senior credit facility to Speed Leasing Company, a specialty finance company engaged in originating and servicing used motorcycle leases to consumers. Founded in 2017 and based in Dania Beach, FL, Speed Leasing is majority owned by 777 Partners.
“We are excited about partnering with Encina,” Gary Silverhardt, CEO of Speed Leasing, said. “The new credit facility provides us with additional capacity to continue growing our motorcycle leasing business, and we look forward to working with ELF to achieve that growth.”
